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26 December, 10:00

Jasper company is a wholesaler that buys merchandise in large quantities. its supplier's catalog indicates a list price of $500 per unit on merchandise jasper intends to purchase, and offers a 30% trade discount for large quantity purchases. the cost of shipping for the merchandise is $7 per unit. jasper's total purchase price per unit will be:

a.$507

b.$350

c.$357

d.$343

e.$493

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Answers (1)
  1. 26 December, 11:46
    0
    Trade discount = $500 * 30% = $150

    Total purchase price per unit = $500 - $150 + $7 = $357
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